USA/Endeavor: TKO to acquire On Location, IMG & the World Rodeo League for $3.25bn

TKO Group Holdings, a joint venture formed in April 2023 combining the UFC and WWE businesses, is to acquire Professional Bull Riders (PBR, the world's premier bull rodeo league), On Location (hospitality) and IMG (global sports, events and entertainment agency) from Endeavor Group Holdings, which is also TKO's majority shareholder, according...